Grayscale's two major crypto trust products transfer funds to Coinbase, suspected outflow

3 hours ago, Grayscale Ethereum Trust transferred 6,486 ETH to Coinbase exchange, with a total value of approximately $11.92 million, averaging $1,837 per ETH, suspected outflow.

At the same time, Grayscale Bitcoin Trust also transferred 71.034 BTC to Coinbase, with a total value of approximately $6.9 million, averaging $97,136 per BTC, suspected outflow.